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Budget 2013
The Finance Bill 2103 introduced two new bands for company cars emitting up to and including 50g of carbon dioxide per kilometre at 5 per cent and a 9 per cent band for 51g to 75g of CO² per km.
Below you can find a summary of the 2013 Budget as well as more detailed analysis. However, for documentation from HMRC you can access their PDFs: Company Car Tax and Car and Van Fuel Benefit Charge (section 1.18).
Latest Budget 2013
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21 Mar 13
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20 Mar 13Budget 2013: Reaction from Nissan
Jon Pollock, Nissan's corporate sales director, was: "Delighted that Benefit In Kind tax levels on electric vehicles from April 2015 will be 5% of its... -
20 Mar 13Budget 2013: Reaction from ACFO
ACFO chairman Julie Jenner said: "The Chancellor has bowed to lobbying by ACFO and undertaken a partial U-turn on company car benefit-in-kind tax rate... -
20 Mar 13Budget 2013: Reactions from the business car industry
Epyx: David Wallace, sales and business development director at motor industry technology specialist epyx, said: "Last year's Budget contained a coupl... -
20 Mar 13Budget 2013: New BIK bands for low emission vehicles
George Osborne has announced that the Government will "support the manufacture of new low emissions vehicles in Britain with new tax incentives" in th... -
20 Mar 13Budget 2013: Reaction from Leaseplan
David Brennan, managing director of the UK's second largest leasing company, Leaseplan, said of fuel duty: "Cancelling September's... -
20 Mar 13Budget 2013: Chancellor hands business car market £105m in low-CO2 concessions
The Budget 2013 incentives for the take-up of low-emission vehicles is worth over £100m to the industry, split between fleets and their drivers. -
20 Mar 13
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20 Mar 13Budget 2013: Reaction from Lex Autolease
Chris Chandler, principal consultant at the UK's largest leasing company, Lex Autolease, said of the new tax incentives for manufacturers of low emiss... -
20 Mar 13Budget 2013: Reaction from Leasedrive
Roddy Graham, commercial director of Leasedrive and chairman of the ICFM, said: "The cancellation of the fuel duty rise scheduled for September this y... -
20 Mar 13Budget 2013: Reaction from the BVRLA
BVRLA chief executive John Lewis said of the new benefit-in-kind tax thresholds: "This decision to rethink the... -
20 Mar 13Budget 2013: Fuel and van benefit charges increase in line with RPI
The fuel benefit charge multiplier for both cars and light commercial vehicles will increase only in line with the Retail Price In... -
20 Mar 13Budget 2013: VED remains stable
The Government has confirmed it has "no plans to make significant reforms to the structure of Vehicle Excise Duty for cars and vans in this Parliament... -
20 Mar 13Budget 2013: September fuel duty rise scrapped
George Osborne has scrapped the 1.89 pence per litre fuel rise, formerly planned for September. -
20 Mar 13Budget 2013: Corporation tax down to 20% from 2015
George Osborne has announced a reduction in the corporation tax rate of 1% from 21% to 20% from April 2015 in today's Budget.
